Mutual Market Trading News 09 December

Markets opened on a flat note but were able to maintain on higher side on account of rupee appreciation and settled the range bound session on a flat note. Nifty future again moved in the strict range of previous session and gave satisfactory closing around 6300. For the coming session indices will be affected by domestic cues & political issues; hence high volatility is expected. Important resistance mark seen is 6400 while 21 day EMA of 6180 as major support.